Tuesday, 26 December 2017

26 December 2017 News

26th December 2K17

Economic Times

Ø  Divestment: Govt may target some profitable PSUs
Ø  IOC, BPCL top suitors, but GAIL seeks ONGC merger
Ø  PFRDA looks at ways to allow minors open NPS account
Ø  RBI may extend pause on rate cut as oil prices firm
Ø  Government starts safeguard duty probe on solar cells
Ø  Patanjali inks Rs 671 cr pact for Chhattisgarh food unit

Business Standard

Ø  Aditya Birla, Piramal-Bain, Shree make aggressive bids for Binani Cement
Ø  2G verdict: STel to move Supreme Court, seek compensation
Ø  Firm domestic coking coal price upsets steel sector
Ø  Nine partner countries on radar for 2nd 'Make in Odisha' conclave
Ø  Individual insolvency regime to be operational in phased manner
Ø  Sebi may ask companies to inform bourses as soon as loan default occurs

Business Line

Ø  Dilip Buildcon gets board approval to raise Rs. 600 cr 
Ø  Cotton prices seen holding firm in 2018 on slow arrivals 
Ø  SEBI plans to revisit directive on loan default disclosure
Ø  FPIs net outflow from equities at Rs. 7,300 cr in Dec so far
Ø  Offshore India funds, ETFs register $565 mn inflows in Nov

Mint

Ø  Sebi board to finalize norms for advisers, rating agencies
Ø  Reliance Industries aims to be among world’s top 20 firms
Ø  Govt starts safeguard duty probe on solar cells
Ø  Indian airlines to induct over 900 planes by 2025
Ø  Code for pharma marketing practices may be enforced soon

Financial Express

Ø  Only 1.7% citizens paid income tax in AY 2015-16, says official data
Ø  Gems and jewellery exports contract 4.8 pc in April-November
Ø  SAIL may return to profit next year, says Steel Secretary Aruna Sharma
Ø  Finance Ministry asks PSBs to rationalise overseas, domestic branches
Ø  1,110 more FPIs register with Sebi, indicates rising interest in capital market

Financial Chronicle

Ø  HDFC M-cap of Rs 8.52 L cr is 2nd only to Tatas
Ø  DoT unlikely to tinker with licence fee, spectrum charge
Ø  E-comm market may cross $50b in 2018
Ø  Trai inputs to DoT on NTP by January-end, says chairman